GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canadian National Railway Co (NYSE:CNI) » Definitions » Shiller PE Ratio

Canadian National Railway Co (Canadian National Railway Co) Shiller PE Ratio : (As of Apr. 26, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Canadian National Railway Co Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian National Railway Co Shiller PE Ratio Historical Data

The historical data trend for Canadian National Railway Co's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian National Railway Co Shiller PE Ratio Chart

Canadian National Railway Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.60 28.80 28.42 26.04 24.24

Canadian National Railway Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.05 24.63 22.19 24.24 -

Competitive Comparison of Canadian National Railway Co's Shiller PE Ratio

For the Railroads subindustry, Canadian National Railway Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian National Railway Co's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Shiller PE Ratio falls into.



Canadian National Railway Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Canadian National Railway Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Canadian National Railway Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.271/125.4675*125.4675
=1.271

Current CPI (Mar. 2024) = 125.4675.

Canadian National Railway Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.951 99.473 1.200
201409 0.945 99.394 1.193
201412 0.893 98.367 1.139
201503 0.682 99.789 0.857
201506 0.890 100.500 1.111
201509 0.950 100.421 1.187
201512 0.860 99.947 1.080
201603 0.756 101.054 0.939
201606 0.853 102.002 1.049
201609 0.954 101.765 1.176
201612 0.990 101.449 1.224
201703 0.867 102.634 1.060
201706 1.023 103.029 1.246
201709 1.034 103.345 1.255
201712 2.725 103.345 3.308
201803 0.773 105.004 0.924
201806 1.349 105.557 1.603
201809 1.182 105.636 1.404
201812 1.161 105.399 1.382
201903 0.808 106.979 0.948
201906 1.415 107.690 1.649
201909 1.254 107.611 1.462
201912 0.926 107.769 1.078
202003 1.017 107.927 1.182
202006 0.568 108.401 0.657
202009 1.043 108.164 1.210
202012 1.116 108.559 1.290
202103 1.090 110.298 1.240
202106 1.195 111.720 1.342
202109 1.870 112.905 2.078
202112 1.328 113.774 1.464
202203 1.035 117.646 1.104
202206 1.500 120.806 1.558
202209 1.597 120.648 1.661
202212 1.546 120.964 1.604
202303 1.330 122.702 1.360
202306 1.325 124.203 1.338
202309 1.249 125.230 1.251
202312 2.452 125.468 2.452
202403 1.271 125.468 1.271

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Canadian National Railway Co  (NYSE:CNI) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Canadian National Railway Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Canadian National Railway Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian National Railway Co (Canadian National Railway Co) Business Description

Address
935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2022, CN generated roughly CAD 17.1 billion in revenue by hauling intermodal containers (29% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.